Hong Yuan Holding Group (HGYN)

[badslinke]

Sure, the BK postponed the auction, and if that was the intent, it was a clever move. The question remains though; how do you expect CERP to pay Horizon? With an R/S and more dilution as you originally stated, or with new financing from another vulture? Which will come first in your mind?

This is of course assuming Horizon doesn't win Chapter 7 in court, in which case it's all irrelevant and CERP is a case closed.